FLYHT Aerospace Solutions (OTCMKTS:FLYLF) Trading Up 10.2% – Still a Buy?

FLYHT Aerospace Solutions Ltd. (OTCMKTS:FLYLF)’s share price shot up 10.2% during mid-day trading on Tuesday . The company traded as high as $0.2424 and last traded at $0.2424. 2,300 shares were traded during trading, a decline of 91% from the average session volume of 25,958 shares. The stock had previously closed at $0.22.

FLYHT Aerospace Solutions Price Performance

The company’s 50-day simple moving average is $0.24 and its 200 day simple moving average is $0.24.

FLYHT Aerospace Solutions Company Profile

FLYHT Aerospace Solutions Ltd. is a Canadian technology company specializing in real-time aircraft data streaming and flight data management solutions. Headquartered in Calgary, Alberta, the company designs, manufactures and supports its proprietary Aircraft Flight Information Reporting System (AFIRS), which enables airlines, cargo operators and business aviation fleets to capture, transmit and analyse critical flight data in real time. By leveraging satellite and terrestrial communications networks, FLYHT helps operators improve operational efficiency, enhance safety monitoring and optimise maintenance scheduling.

At the core of FLYHT’s offerings is the AFIRS platform, a suite of hardware and software modules that record flight parameters, cockpit voice and image data and automatically transmit event-driven reports to ground-based operations centres.